Presidential Bank (MD) is headquartered in Bethesda and is the 17th largest bank in the state of Maryland. It is also the 1,383rd largest bank in the nation. It was established in 1985 and as of September of 2018, it had grown to 278 employees at 10 locations. Presidential Bank (MD)'s money market rates are 5X the national average, and it has a B+ health rating.

Excellent Bank!

We have banked with Presidential for nearly 20 years, and we have always been extremely pleased with their personalized service and commitment to security. They are certainly smaller, but they are extremely professional and their fees, interest rates, and account offerings are always superior to the larger banks and area competition.

Still Excellent

Even though their interest rates are slightly less competitive of late (0,35 and 0,5% against Ally, etc that are offering 1%) they have some nice functionality - a fully fledged checking account, free bill pay and, best of all, no extra rip off charges when you use your ATM. Have been a customer for 10 years with never a problem - they were one of the pioneers of internet banking - and will remain so for the foreseeable future.

Solid Bank

I've had Presidential for almost 6 years with no issues. As the other review points out, if you want a solid, no worries checking account, they are a good option. Their rates are consistently near the top. I've pulled money out at times when other banks were higher but always regretted it when the other bank soon dropped lower.

Don't be scared off by their website (I find it charming), this is a solid, well regarded bank with consistently high rates.

Presidential Bank -- Go-To Bank For The Long Haul

I wanted to draw attention to a bank that has treated me well for nearly twenty years -- Presidential Bank. They have long offered a Checking PLUS account with a consistently decent interest rate (currently 1%) for the first $25K on deposit (requires direct deposit and $1000 minimum balance to avoid fees). Don't be dissuaded by their website design, which has changed little since the advent of the internet; behind the unpromising facade is a bank with solid online features and impeccable customer service. One downside is that they only have ATMs in the MD/DC area; though they charge no fees for outside ATM usage, neither do they refund the fees that other banks charge. If you can work around that, the account offers just about everything you might need in a basic checking account, from the ability to write paper checks to online ACH transfers. Overall, a steady, reliable account that has served me well over the years.

Downhill!!!! Used To Be Good -- Now Fee Happy

I have banked at a Maryland branch for decades. Service was always great. Over the past couple years (as they became more of an online bank), their service has gone down hill. They are much more apt to charge nuisance fees.

Aside from the monthly account fee, they recently hit me up with an insufficient funds fee for an automatic bill pay I was unaware of. Because banks automatically retry transactions several times, they charged this fee 3 times (on the same ISF incident). The associated fees caused another payment to bounce, so they charged me more fees.

They refused to reverse ANY of these fees because they ONCE refunded a fee in my previous 20 years as a customer. My loyalty counted for absolutely nothing.

Always verify rates and promotions with the bank or credit union. We are not Presidential Bank (MD); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Presidential Bank (MD) Savings Account Rates

APY

MIN

MAX

ACCOUNT NAME

VIEW DETAILS

0.50%*

-

$35k

Premier Savings

OTHER TIERS: 0.25% → $35k+

0.50%*

-

$35k

Commercial Premier Savings

OTHER TIERS: 0.25% → $35k+

0.30%*

$25k*

-

Statement Savings

OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $25k

0.30%*

$25k*

-

Commercial Statement Savings

OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $25k

Presidential Bank (MD) Money Market Rates

APY

MIN

MAX

ACCOUNT NAME

VIEW DETAILS

2.25%*

$100k*

$250k

Money Market Plus Checking

OTHER TIERS: 0.25% → Up to $100k | 1.25% → $250k+

2.25%*

$100k*

$250k

Commercial Money Market Plus Checking

OTHER TIERS: 0.25% → Up to $100k | 1.25% → $250k+

0.30%*

$10k*

-

Money Market Checking

OTHER TIERS: 0.15% → Up to $1k | 0.25% → $1k - $10k

0.30%*

$5k*

-

Commercial Money Market

OTHER TIERS: 0.15% → Up to $5k

Presidential Bank (MD) Checking Account Rates

APY

MIN

MAX

ACCOUNT NAME

VIEW DETAILS

2.00%*

-

$25k

Checkless Checking

OTHER TIERS: 1.00% → $25k+

0.12%*

-

$25k

Checking PLUS

OTHER TIERS: 0.10% → $25k+

0.12%*

-

$1k

Special Checking

OTHER TIERS: 0.10% → $1k+

0.12%*

-

$25k

Super Checking

OTHER TIERS: 0.10% → $25k+

0.12%*

-

$25k

Internet Checking

OTHER TIERS: 0.10% → $25k+

Presidential Bank (MD) CD Rates

APY

MIN

MAX

ACCOUNT NAME

VIEW DETAILS

3.25%

$1k

-

5 Year CD

3.25%

$1k

-

Commercial 5 Year CD

2.75%

$1k

-

3 Year CD

2.75%

$1k

-

Commercial 3 Year CD

2.50%

$1k

-

2 Year CD

2.50%

$1k

-

Commercial 2 Year CD

2.25%

$1k

-

1 Year CD

2.25%

$1k

-

Commercial 1 Year CD

1.50%

$1k

-

182 Day CD

1.50%

$1k

-

Commercial 182 Day CD

1.00%

$1k

-

30 Day CD

1.00%

$1k

-

60 Day CD

1.00%

$1k

-

90 Day CD

1.00%

$1k

-

Commercial 30 Day CD

1.00%

$1k

-

Commercial 60 Day CD

1.00%

$1k

-

Commercial 90 Day CD

Presidential Bank (MD) IRA Rates

APY

MIN

MAX

ACCOUNT NAME

VIEW DETAILS

3.25%

$1k

-

5 Year IRA

2.75%

$1k

-

3 Year IRA

2.50%

$1k

-

2 Year IRA

2.25%

$1k

-

1 Year IRA

Locations

Presidential Bank (MD) Locations

1660 K Street Branch

1660 K Street

Washington, DC 20006

Presidential Bank, FSB

4520 East-West Highway

Bethesda, MD 20814

Rockville Branch

11640 Rockville Pike

Rockville, MD 20852

Reston Town Center

1675 Reston Pkwy

Reston, VA 20194

Arlington Branch

1515 Wilson Boulevard

Arlington, VA 22209

International Drive Branch

1861 International Dr Ste 3

Mclean, VA 22102

Leesburg Branch

21 Catoctin Cir Se

Leesburg, VA 20175

Mclean Branch

6707 Old Dominion Drive

Mclean, VA 22101

Arlington Branch

901 N. Stuart Street

Arlington, VA 22203

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